North Carolina company General Tobacco said Tuesday it has sued 52 attorneys general and 19 other tobacco makers for conspiring to stifle competition with their creation of the 1998 Master Settlement Agreement. The agreement requires those tobacco manufacturers who signed on to make annual payments to the states to compensate them for billions of dollars in health care costs related to treating tobacco-related diseases under state Medicaid programs. General Tobacco is suing for $1 billion.
October 29, 2008 at 12:00 AM
1 minute read
A North Carolina tobacco company said Tuesday it has sued 52 attorneys general and 19 other tobacco makers for conspiring to stifle competition with their creation of the 1998 Master Settlement Agreement.
General Tobacco asked for more than $1 billion in damages. It accuses the attorneys general of violating its constitutional rights under the 14th Amendment as well as the Sherman Antitrust Act.
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